Centricity Wealth Management LLC Invests $535,000 in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW)

Centricity Wealth Management LLC bought a new stake in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) during the 4th quarter, HoldingsChannel reports. The fund bought 26,290 shares of the company’s stock, valued at approximately $535,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Arrow Financial Corp grew its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 1.3% in the third quarter. Arrow Financial Corp now owns 679,681 shares of the company’s stock worth $14,423,000 after purchasing an additional 8,771 shares in the last quarter. Buffington Mohr McNeal raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 3.0% during the fourth quarter. Buffington Mohr McNeal now owns 661,768 shares of the company’s stock valued at $13,467,000 after purchasing an additional 19,245 shares in the last quarter. Confluence Investment Management LLC lifted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 0.6% in the fourth quarter. Confluence Investment Management LLC now owns 496,614 shares of the company’s stock worth $10,106,000 after purchasing an additional 2,958 shares during the period. Janney Montgomery Scott LLC grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 5.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 354,593 shares of the company’s stock valued at $7,216,000 after buying an additional 17,447 shares in the last quarter. Finally, Lyell Wealth Management LP increased its stake in iShares iBonds Dec 2031 Term Corporate ETF by 42.9% during the 4th quarter. Lyell Wealth Management LP now owns 236,975 shares of the company’s stock valued at $4,822,000 after buying an additional 71,175 shares during the period.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

IBDW stock opened at $20.52 on Friday. The firm’s 50-day moving average is $20.40 and its two-hundred day moving average is $20.71. iShares iBonds Dec 2031 Term Corporate ETF has a 52 week low of $19.78 and a 52 week high of $21.39.

iShares iBonds Dec 2031 Term Corporate ETF Profile

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.